Macro Monkey

A small simian in a big world

[Macro Monkey @Macro_Monkey_]

@trevgoes4th Don’t be debase yourself to insulting the dead and mocking a grieving family.

[Macro Monkey @Macro_Monkey_]

@Laocailarry Having a hooley is right and proper.

“a man hath no better thing under the sun, than to eat, and to drink, and to be merry: for that shall abide with him of his labour the days of his life, which God giveth him under the sun.”

Ignore the puritans

https://t.co/FPikXNweY4

[Macro Monkey @Macro_Monkey_]

@Anglo_Warrior @LouisElton96 a follow up to the pants?

[Macro Monkey @Macro_Monkey_]

@maxtempers @realhansard Most insane one: “my daughter, because she keeps asking me, ‘sorry, why is our life like this mummy?’ Why can’t we have a home?” Whilst I have sympathy the woman has literally negative self-awareness

[Macro Monkey @Macro_Monkey_]

@maxtempers @realhansard Honestly so many questions: daughter born in 2015 but she moved here in 2010? Where is the dad?

[Macro Monkey @Macro_Monkey_]

@Fremond_ Knees up mother Loïc!

[Macro Monkey @Macro_Monkey_]

@AscendedYield Lookup the only 2 Somali billionaires: same story

[Macro Monkey @Macro_Monkey_]

@AscendedYield If your minmaxing benefits and wages by staying at 12k pa then a higher minimum wage just means less hours worked for the same comp.

The issue is marginal net income (after taxes benefits and wages) goes down over (imo only starts to pick up again around 35k)

[Macro Monkey @Macro_Monkey_]

@trevgoes4th @AscendedYield @trevgoes4th Taking the synthesis tho i reckon there’s a strong argument in saying that the uk was much more vulnerable to the post crash regs than the US and the impact sped up a long running trend

[Macro Monkey @Macro_Monkey_]

@trevgoes4th @AscendedYield @trevgoes4th Find it hard to believe that minor differences in 2010s Basel implementations between the UK and US are a sufficient explanation for whats a serious and pronounced regime shift since the 50s and at latest the late 90s

[Macro Monkey @Macro_Monkey_]

@trevgoes4th @AscendedYield @trevgoes4th curious to hear your thoughts on this hypothesis tho

[Macro Monkey @Macro_Monkey_]

@trevgoes4th @AscendedYield @trevgoes4th

Personally I’m of the opinion the real killer for LSE was the ftse shift out of tech and risk equity towards a purely blue chip focus following the dotcom crash.

A blue chip market leads to a blue chip economy, slow moving, extractive and rent seeking

[Macro Monkey @Macro_Monkey_]

@trevgoes4th @AscendedYield Frankly I think this has been the question Britain has been asking itself since the 60s so would genuinely love to hear ideas as I’ve thought about it and am still puzzled

[Macro Monkey @Macro_Monkey_]

@trevgoes4th @AscendedYield @trevgoes4th

2) sure Britain “should have” but how could it?

This is not a rhetorical question, I would love to hear how it should’ve and can create a different better asset base?

[Macro Monkey @Macro_Monkey_]

@trevgoes4th @AscendedYield @trevgoes4th it would be churlish to say all cases of foreign takeovers have just been asset stripping but the fact that some companies have been asset stripped by foreign PE highlights proves that not all investors are equal from a long run investment perspective

[Macro Monkey @Macro_Monkey_]

@trevgoes4th @AscendedYield @trevgoes4th where you are wrong and @AscendedYield is right is that your assuming perfect substitutability between investors.

This is not the case and so you are ignoring the different incentive structures that cause business decisions and their consequences